The Open Container Project is a step in right direction and above all at right time. Containers are going to be everywhere. Before that happens it was important that standards are set for the benefit of end customers. They are biggest enablers of Agile DevOps & Microservices.
The Open Container Project is a lightweight, open governance structure, to be formed under the auspices of the Linux Foundation, for the express purpose of creating open industry standards around container formats and runtime. The OCP was launched on June 22nd 2015.
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The specification will be available at https://github.com/opencontainers/specs. The newly expanded team of maintainers (both original libcontainer maintainers and the appc maintainers) are busy preparing the first draft of the specification, and intend to release it in 2-3 weeks.
Docker is donating its container format and runtime, runC, to the OCP to serve as the cornerstone of this new effort. It is available now at https://github.com/opencontainers/runc.